Breaking out the champagne may not have been the appropriate reaction, but Biotie Therapies Oyj had reason to celebrate Friday, as the European Medicines Agency's Committee for Medicinal Products for Human Use (CHMP) recommended approval for its alcohol dependence drug Selincro (nalmefene).
Phenex Pharmaceuticals AG and Johnson & Johnson subsidiary Janssen Biotech Inc., have thrown in their lot together in a combined effort to develop antagonists of retinoic acid-related orphan receptor gamma (RORγt) for inflammatory disease.
Phenex Pharmaceuticals AG and Johnson & Johnson subsidiary Janssen Biotech Inc., have thrown in their lot together in a combined effort to develop antagonists of retinoic acid-related orphan receptor gamma (RORγt) for inflammatory disease.
Six years after building an acquisition-led position in the research and diagnostic antibody space, MorphoSys AG is exiting the field, via a €53 million (US$69.7 million) cash sale of its Abd Serotec unit to Bio-Rad Laboratories Inc.
Breaking out the champagne may not have been the appropriate reaction, but Biotie Therapies Oyj had reason to celebrate Friday, as the European Medicines Agency's Committee for Medicinal Products for Human Use (CHMP) recommended approval for its alcohol dependence drug Selincro (nalmefene).
Europe's cash-starved biotechnology sector has another €240 million (US$312 million) to aim for, following Sofinnova Partners' successful closing of its seventh fund.
The numbers may be too small to allow any firm conclusions to be drawn, but Clavis Pharma ASA reported positive Phase II data for a combination of elacytarabine and idarubicin in patients with early stage acute myeloid leukemia (AML) who had either relapsed on or proved refractory to a first-line therapy that included cytarabine.
Europe's cash-starved biotechnology sector has another €240 million (US$312 million) to aim for, following Sofinnova Partners' successful closing of its seventh fund.
The numbers may be too small to allow any firm conclusions to be drawn, but Clavis Pharma ASA reported positive Phase II data for a combination of elacytarabine and idarubicin in patients with early stage acute myeloid leukemia (AML) who had either relapsed on or proved refractory to a first-line therapy that included cytarabine.
More than a year on from a controversial opinion from the Court of Justice of the European Union (CJEU) on the patentability of innovations derived from embryonic stem cell (ESC) research, Germany's Federal Court of Justice (Bundesgerichtshof) has provided a final decision in the case, which leaves some scope for patent grants in that field.
